A funny thing happens each August in Washington. The politicians leave and the press gets bored. It is the August silly season where stories start that sometimes snowball.Monica Lewinsky started around August. The Chandra Levy story started in August. The “does Bush vacation too much” story started around August. The Cindy Sheehan stories started around August/ When the House GOP parked itself on the floor | Read More »

Although Obama was notified Friday before leaving the White House that our credit rating was being downgraded, he slunk out quickly heading for Camp David for R & R after his big birthday bashes. Obama is hiding out as usual, letting Democrats in the White House fend for themselves as they try to explain away the Standard and Poor’s downgraded credit rating. The Democrats verbally | Read More »

With rampant charges of terrorism within the tea party continuing to be leveled by the media and more sure to come with the historic downgrading of the U.S. Credit Rating last night by S&P, what better time to remind folks of REAL terrorism from the Far Left that the media completely ignores. As uncovered by Glenn Beck and reported on ‘The Blaze‘ back in March, | Read More »

Read this: Here was the question to S&P exec John Chambers, and his reply: Q: “There’s been a figure of $4 trillion dollars circulating as an example of the scope of fiscal consolidation measures that could work to stabilize the U.S. debt-gdp ratios. Could you explain how that figure was arrived at since it was mentioned in S&P’s reports and where it figures in S&P | Read More »

Read this: Here was the question to S&P exec John Chambers, and his reply: Q: “There’s been a figure of $4 trillion dollars circulating as an example of the scope of fiscal consolidation measures that could work to stabilize the U.S. debt-gdp ratios. Could you explain how that figure was arrived at since it was mentioned in S&P’s reports and where it figures in S&P | Read More »

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Senator Mike Lee to discuss the debt ceiling deal, and his new book, The Freedom Agenda: Why a Balanced Budget Amendment is Necessary to Restore Constitutional Government. Then Francis Cianfrocca discusses the wild week for the markets and the latest jobs report. We’re | Read More »

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Senator Mike Lee to discuss the debt ceiling deal, and his new book, The Freedom Agenda: Why a Balanced Budget Amendment is Necessary to Restore Constitutional Government. Then Francis Cianfrocca discusses the wild week for the markets and the latest jobs report. We’re | Read More »

So, the great debt ceiling debate and controversy is over for now and the post mortems are being written as to who won and who lost. Although the devil is in the details and we really don’t know much of the details, it is a wait and see game now. From my standpoint, the inclusion of some trigger mechanism to force cuts under threat of | Read More »

Okay. I have to stay calm. I am not going to go on a rant. We all know that I get irritated with some in the Tea Party caucus. The fact is without the tea party, as a whole, the environment in Washington would never have changed from how much can we spend to how much can we cut. My problem with a minority of | Read More »

Despite being dispirited by the one-sided nature of the debt ceiling deal, most of us were looking forward to reaping the rewards from its only ancillary benefit; the impending stock market rally. Much to our chagrin, the Dow dropped precipitously, losing over 800 points since the opening bell on Monday. After the initial euphoria from the debt ceiling hangover began to subside, people have been | Read More »

Despite being dispirited by the one-sided nature of the debt ceiling deal, most of us were looking forward to reaping the rewards from its only ancillary benefit; the impending stock market rally. Much to our chagrin, the Dow dropped precipitously, losing over 800 points since the opening bell on Monday. After the initial euphoria from the debt ceiling hangover began to subside, people have been | Read More »

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Senator Jim DeMint to discuss the fallout from the debt ceiling debate, the danger of Congress’ new super committee and his new book The Great American Awakening: Two Years that Changed America, Washington, and Me. We’re brought to you as always by BigGovernment | Read More »

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Senator Jim DeMint to discuss the fallout from the debt ceiling debate, the danger of Congress’ new super committee and his new book The Great American Awakening: Two Years that Changed America, Washington, and Me. We’re brought to you as always by BigGovernment | Read More »

This anonymously-sourced report from The Hill, which clearly derives in good part from Republican sources, is pretty damning about President Obama’s leadership, if it turns out to be accurate: GOP aides and lawmakers, speaking on background, portrayed Boehner as the calm negotiator who repeatedly exasperated President Obama. Boehner last month asked the networks to televise his response to Obama’s address to the nation, a request | Read More »

This anonymously-sourced report from The Hill, which clearly derives in good part from Republican sources, is pretty damning about President Obama’s leadership, if it turns out to be accurate: GOP aides and lawmakers, speaking on background, portrayed Boehner as the calm negotiator who repeatedly exasperated President Obama. Boehner last month asked the networks to televise his response to Obama’s address to the nation, a request | Read More »